Balance Sheet Industrial Bank Co., Ltd.

Equities

601166

CNE000001QZ7

Banks

End-of-day quote Shanghai S.E. Other stock markets 2024-09-13			5-day change	1st Jan Change
15.97 ^CNY	-0.37%		-0.62%	-1.48%

Sep. 10	Tongda Group Unit Subscribes for Industrial Bank's Wealth Management Products	MT
Sep. 04	Jahen Household Products Raises Maximum Principal of Mortgage Agreement	MT

8a32d60fa9ec9d2eea.0fVem9p961A-IWZNTPVhbivNMtSZ_i9HDrfFD63KOik.iKwr0asOpht_Rl4rJborGEiMUaXpjUMKauOcZ8ukaXmnxD3zoDvfGnBuEQ

Published financial data: INDUSTRIAL BANK CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Interest Income On Loans	270B	303B	315B	329B	349B
Interest Income, Total	270B	303B	315B	329B	349B
Interest On Deposits	167B	160B	169B	183B	203B
Interest Expense, Total	167B	160B	169B	183B	203B
Net Interest Income	103B	144B	146B	145B	147B
Gain (Loss) on Sale of Assets	36M	3M	-6M	12M	29M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-	716M	1.36B	4.58B	4.22B
Income (Loss) on Equity Invest. (Income Block)	205M	154M	213M	190M	18M
Total Other Non Interest Income	77.71B	58.24B	73.38B	71.84B	59.42B
Non Interest Income, Total	77.96B	59.11B	74.95B	76.62B	63.68B
Revenues Before Provison For Loan Losses	181B	203B	221B	222B	210B
Provision For Loan Losses	58.09B	75.3B	66.84B	48.59B	60.97B
Total Revenues	123B	127B	154B	173B	149B
Selling General & Admin Expenses, Total	46.56B	48.26B	55.47B	64.84B	62.61B
Total Other Non Interest Expense	2.4B	3.03B	3.73B	2.78B	3.11B
Non Interest Expense, Total	48.95B	51.29B	59.2B	67.62B	65.72B
EBT, Excl. Unusual Items	73.9B	76.04B	94.59B	106B	83.5B
Other Unusual Items	602M	600M	720M	539M	832M
EBT, Incl. Unusual Items	74.5B	76.64B	95.31B	106B	84.33B
Income Tax Expense	7.8B	8.96B	11.49B	13.81B	6.68B
Earnings From Continuing Operations	66.7B	67.68B	83.82B	92.41B	77.65B
Net Income to Company	66.7B	67.68B	83.82B	92.41B	77.65B
Minority Interest	-834M	-1.06B	-1.14B	-1.04B	-538M
Net Income - (IS)	65.87B	66.63B	82.68B	91.38B	77.12B
Preferred Dividend and Other Adjustments	1.48B	2.55B	4.26B	4.21B	4.21B
Net Income to Common Incl Extra Items	64.39B	64.08B	78.42B	87.16B	72.9B
Net Income to Common Excl. Extra Items	64.39B	64.08B	78.42B	87.16B	72.9B
Per Share Items
Net EPS - Basic	3.1	3.08	3.77	4.2	3.51
Basic EPS - Continuing Operations	3.1	3.08	3.77	4.2	3.51
Basic Weighted Average Shares Outstanding	20.77B	20.77B	20.77B	20.77B	20.77B
Net EPS - Diluted	3.1	3.08	3.77	3.87	3.24
Diluted EPS - Continuing Operations	3.1	3.08	3.77	3.87	3.24
Diluted Weighted Average Shares Outstanding	20.77B	20.77B	20.77B	22.82B	22.92B
Normalized Basic EPS	2.18	2.24	2.79	3.13	2.49
Normalized Diluted EPS	2.18	2.24	2.79	2.85	2.25
Dividend Per Share	0.76	0.8	1.04	1.19	1.04
Payout Ratio	66.75	67.53	63.86	55.43	76.59
Supplemental Items
Effective Tax Rate - (Ratio)	10.47	11.69	12.06	13	7.92
Current Domestic Taxes	14.12B	15.04B	16.61B	18.32B	11.75B
Total Current Taxes	14.12B	15.04B	16.61B	18.32B	11.75B
Deferred Domestic Taxes	-6.32B	-6.06B	-5.32B	-4.71B	-4.2B
Total Deferred Taxes	-6.32B	-6.06B	-5.32B	-4.71B	-4.2B
Normalized Net Income	45.35B	46.47B	57.98B	65.01B	51.65B
Non-Cash Pension Expense	43M	37M	1.4B	19M	101M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	262B	201B	265B	237B	264B
Investment Securities, Total	2,092B	2,206B	2,244B	2,222B	2,588B
Trading Asset Securities, Total	685B	883B	944B	1,035B	1,001B
Total investments	2,777B	3,090B	3,188B	3,257B	3,590B
Gross Loans	3,711B	4,214B	4,792B	5,395B	5,927B
Allowance For Loan Losses	-110B	-114B	-136B	-131B	-147B
Other Adjustments to Gross Loans	-11.92B	-10.85B	-11.18B	-11.97B	-14.09B
Net Loans	3,589B	4,090B	4,644B	5,251B	5,766B
Gross Property Plant And Equipment	38.52B	40.58B	54.78B	61.12B	64.52B
Accumulated Depreciation	-10.42B	-12.23B	-16.37B	-20.41B	-23.82B
Net Property Plant And Equipment	28.1B	28.35B	38.42B	40.71B	40.7B
Goodwill	532M	532M	532M	532M	532M
Other Intangibles, Total	647M	712M	883M	986M	1.09B
Accrued Interest Receivable	16.6B	17.13B	19.57B	22.22B	24.49B
Other Receivables	14.21B	18.12B	14.59B	21.98B	19.05B
Restricted Cash	389B	350B	344B	356B	357B
Other Current Assets, Total	9.53B	4.95B	156M	113M	18.72B
Deferred Tax Assets Long-Term (Collected)	40.8B	45.51B	49.15B	54.87B	58.05B
Other Real Estate Owned And Foreclosed	539M	447M	413M	395M	475M
Deferred Charges Long-Term	1.4B	1.36B	1.38B	1.4B	1.4B
Other Long-Term Assets, Total	15.98B	46.77B	36.92B	22.57B	17.1B
Total Assets	7,146B	7,894B	8,603B	9,267B	10,158B
Liabilities
Accounts Payable, Total	-	2.84B	4.42B	9.71B	12.09B
Accrued Expenses, Total	27.58B	24.4B	29.11B	34.46B	36.98B
Interest Bearing Deposits	3,523B	3,911B	4,246B	4,579B	5,135B
Non-Interest Bearing Deposits	1,464B	1,615B	1,769B	1,779B	1,847B
Total Deposits	4,987B	5,525B	6,015B	6,358B	6,982B
Short-Term Borrowings	201B	354B	165B	157B	362B
Current Portion of Leases	-	-	2.48B	2.46B	2.59B
Long-Term Debt	1,285B	1,249B	1,529B	1,762B	1,784B
Long-Term Leases	-	-	6.58B	6.84B	7.07B
Current Income Taxes Payable	10.72B	7.98B	8.27B	8.68B	2.58B
Accrued Interest Payable	41.9B	45.92B	51.78B	58.85B	87.97B
Other Current Liabilities - (Bank / Utility Template)	4.22B	21.46B	51.92B	56.63B	19.29B
Unearned Revenue Non Current	1.13B	5.32B	3.75B	2.47B	1.83B
Pension & Other Post Retirement Benefits	129M	84M	125M	324M	108M
Deferred Tax Liability Non-Current	-	74M	163M	348M	179M
Other Non Current Liabilities	37.37B	32.68B	41.2B	51.96B	51.92B
Total Liabilities	6,596B	7,269B	7,909B	8,509B	9,351B
Preferred Stock Redeemable	55.84B	55.84B	55.84B	55.84B	55.84B
Total Preferred Equity	55.84B	55.84B	55.84B	55.84B	55.84B
Common Stock, Total	20.77B	20.77B	20.77B	20.77B	20.77B
Additional Paid In Capital	74.91B	74.91B	74.91B	74.91B	74.76B
Retained Earnings	387B	435B	497B	562B	610B
Comprehensive Income and Other	3.23B	29.21B	35.98B	32.39B	34.36B
Total Common Equity	486B	560B	628B	690B	740B
Minority Interest	8.29B	9.22B	10.19B	11.11B	11.5B
Total Equity	550B	625B	694B	757B	808B
Total Liabilities And Equity	7,146B	7,894B	8,603B	9,267B	10,158B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.77B	20.77B	20.77B	20.77B	20.77B
ECS Total Common Shares Outstanding	20.77B	20.77B	20.77B	20.77B	20.77B
Book Value / Share	23.37	25.5	28.8	31.79	34.2
Tangible Book Value	484B	558B	627B	689B	739B
Tangible Book Value Per Share	23.31	25.44	28.73	31.72	34.12
Average Loans	3,340B	3,833B	-	4,802B	5,279B
Total Debt	1,486B	1,603B	1,703B	1,928B	2,156B
Deposits at Interest - Cash	727B	952B	764B	400B	526B
Net Debt	395B	338B	316B	512B	625B
Equity Method Investments, Total	3.41B	3.55B	3.73B	4.05B	3.87B
Full Time Employees	60.46K	59.63K	-	69.84K	66.57K
Number Of Offices	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	65.87B	66.63B	82.68B	91.38B	77.12B
Depreciation, Depletion & Amortization	1.71B	1.97B	5.07B	5.4B	5.96B
Amortization of Goodwill and Intangible Assets - (CF)	124M	148M	218M	215M	256M
Total Depreciation, Depletion & Amortization	1.83B	2.12B	5.29B	5.62B	6.21B
Amortization of Deferred Charges, Total	620M	560M	1.07B	860M	885M
(Gain) Loss On Sale of Asset - (CF)	-36M	-7M	20M	-7M	-27M
(Gain) Loss on Sale of Investments - (CF)	3.73B	2.59B	18.68B	-19.32B	-42.84B
Total Asset Writedown	4.14B	4.62B	1.7B	-2.2B	-6M
Provision for Credit Losses	47.32B	49.28B	44.18B	37.62B	66.79B
Change In Deferred Taxes	-7.12B	-4.64B	-3.54B	-3.99B	-4.46B
Change in Other Net Operating Assets (Collected)	-613B	-98.94B	-462B	-413B	379B
Other Operating Activities	-91.19B	-56.43B	-77.4B	-41.94B	-49.31B
Cash from Operations	-588B	-34.23B	-390B	-345B	434B
Capital Expenditure	-5.52B	-6.58B	-5.62B	-5.92B	-4.91B
Sale of Property, Plant, and Equipment	161M	363M	720M	68M	680M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	476B	115B	-46.26B	-102B	-226B
Other Investing Activities, Total	132B	125B	131B	106B	113B
Cash from Investing	602B	234B	79.65B	-2.06B	-117B
Long-Term Debt Issued, Total	990B	1,069B	1,240B	1,142B	1,241B
Total Debt Issued	990B	1,069B	1,240B	1,142B	1,241B
Long-Term Debt Repaid, Total	-810B	-1,024B	-1,059B	-1,112B	-1,370B
Total Debt Repaid	-810B	-1,024B	-1,059B	-1,112B	-1,370B
Issuance of Common Stock	31.91B	30B	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-43.97B	-44.99B	-52.8B	-50.65B	-59.06B
Common & Preferred Stock Dividends Paid	-43.97B	-44.99B	-52.8B	-50.65B	-59.06B
Other Financing Activities, Total	-1.21B	-50M	-3.13B	-2.29B	-3.3B
Cash from Financing	167B	29.64B	125B	-22.25B	-191B
Foreign Exchange Rate Adjustments	1.56B	-4.34B	-2.36B	4.84B	660M
Net Change in Cash	183B	225B	-188B	-364B	126B
Supplemental Items
Cash Interest Paid	144B	131B	145B	149B	145B
Cash Income Tax Paid (Refund)	23.14B	33.31B	33.29B	35.15B	34.26B
Net Debt Issued / Repaid	180B	44.68B	181B	30.69B	-129B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.96	0.9	1.02	1.03	0.8
Return On Equity %	13.05	11.53	12.71	12.73	9.92
Return on Common Equity	13.91	12.26	13.2	13.22	10.19
Shareholders Value Added	10.46B	4.06B	11.62B	12.48B	-8.47B
Margin Analysis
SG&A Margin	37.9	37.9	36.07	37.42	41.96
Net Interest Income / Total Revenues %	83.83	112.71	94.73	83.83	98.18
EBT Excl. Non-Recurring Items Margin %	60.15	59.72	61.51	60.98	55.96
Income From Continuing Operations Margin %	54.29	53.16	54.5	53.33	52.04
Net Income Margin %	53.61	52.33	53.76	52.73	51.68
Net Avail. For Common Margin %	52.41	50.33	50.99	50.3	48.86
Normalized Net Income Margin	36.92	36.5	37.7	37.52	34.61
Asset quality
Nonperforming Loans / Total Loans %	1.77	1.51	1.3	1.34	1.17
Nonperforming Loans / Total Assets %	0.92	0.8	0.73	0.78	0.68
Nonperforming Assets / Total Assets %	0.92	0.81	0.73	0.78	0.69
NPAs / Loans and OREO	1.78	1.52	1.31	1.34	1.18
NPAs / Equity	12.02	10.23	9.06	9.56	8.67
Allowance for Credit Losses / Net Charge-offs %	345.94	259.46	608.34	338.86	285.22
Allowance for Credit Losses / Nonperforming Loans %	167.61	179.47	218.05	182.29	211.86
Allowance for Credit Losses / Total Loans %	2.96	2.7	2.84	2.43	2.49
Net Charge-offs / Total Average Loans %	0.95	1.15	-	0.81	0.98
Provision for Loan Losses / Net Charge-offs %	182.89	171.45	298.53	125.39	118.06
Earning Assets / IBL	99.46	99.39	-	99.45	100.54
Capital And Funding
Total Average Common Equity / Total Average Assets %	6.68	6.95	7.2	7.38	7.37
Total Average Equity / Total Average Assets %	7.38	7.81	8	8.12	8.06
Total Equity + Allowance for Loan Losses / Total Loans %	17.55	17.31	17.12	16.27	15.92
Gross Loans / Total Deposits %	74.41	76.27	79.66	84.85	84.89
Net Loans / Total Deposits %	71.97	74.02	77.21	82.59	82.58
Tier 1 Capital Ratio %	10.56	10.85	11.22	11.08	10.93
Total Capital Ratio %	13.36	13.47	14.39	14.44	14.13
Core Tier 1 Capital Ratio	9.47	9.33	9.81	9.81	9.76
Tier 2 Capital Ratio	2.8	2.62	-	3.35	3.19
Coverage Ratio	167.61	179.47	218.05	182.29	211.86
Interbank Ratio	22.26	22.92	26.01	22.25	28.6
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.45	1.48	1.56	1.58	1.42
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	7.66	17.36	1.51	-0.28	0.85
Non Interest Income, 1 Yr. Growth %	25.75	0.78	26.79	2.23	-16.88
Provision For Loan Losses, 1 Yr. Growth %	25.18	29.63	-11.24	-27.3	25.48
Total Revenues, 1 Yr. Growth %